Jaykay Enterprises Debt & Borrowing: ₹56.27 Cr
Jaykay Enterprises Ltd has enhanced its corporate guarantee for subsidiary Allen Reinforced Plastics Ltd to ₹56.27 Crore, up from ₹29.22 Crore, favoring State Bank of India.
- Value
- ₹56.27 Cr
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Jaykay Enterprises Ltd has enhanced its corporate guarantee for subsidiary Allen Reinforced Plastics Ltd to ₹56.27 Crore, up from ₹29.22 Crore, favoring State Bank of India.
Jaykay Enterprises increased its corporate guarantee for subsidiary Allen Reinforced Plastics to ₹56.27 Crore, an incremental commitment of ₹27.05 Crore, favoring State Bank of India.
Jaykay Enterprises executed a ₹25 Crore unsecured loan agreement with its subsidiary, JK Digital. The three-year inter-corporate deposit carries a 10% annual interest rate.
Jaykay Enterprises Limited has entered into a loan agreement to disburse up to ₹10 Crore to its 50:50 joint venture, JK Phillips LLP. The loan carries an interest rate of 10% p.a. and is intended for the JV's business requirements. This related-party transaction is conducted at arm's length.
Jaykay Enterprises Limited has executed a loan agreement to grant an unsecured inter-corporate deposit of up to ₹10 Crore to its 50:50 joint venture, JK Phillips LLP. The loan carries an interest rate of 10% p.a. and will be disbursed in tranches to support the JV's operations.